The current LTC system traps operators in a public financing system that pays too little, expects too much, rewards cronyism, discourages creativity, punishes profit making and disserves aging Americans.
LTC insurance sales suddenly surge
By
Stephen A. Moses
Aug 10, 2022
Long-term care is a high risk and huge potential cost for aging Americans. Yet few plan ahead, and fewer still insure privately for this impending peril. Until now. Private insurers report that 140,000...
The federal Medicaid bait and switch
By
Stephen A. Moses
Nov 06, 2023
It was supposed to work like this. When people need long-term care, they pay privately until they’re impoverished. Then and only then Medicaid helps. To avoid that outcome, people were urged to save...
CLASS caveats
By
Steve Moses
Apr 06, 2010
The CLASS Act is being touted as a progressive long-term care insurance solution. I have news for you: It’s not.
What works for long-term care and what doesn’t
By
Stephen A. Moses
Nov 17, 2021
The history of long-term care is best understood as a tension between public and private financing. Over and over again, the private sector has intervened to fix or improve unfortunate conditions created...
Long-term care insurance: Time to yell ‘Run!’ yet?
By
James M. Berklan
Nov 12, 2014
There is a memorable scene in the movie “Forrest Gump” when Lt. Dan chews out the well-intentioned title soldier for saluting him while the enemy is likely watching. The implication is that...
Problems with the CLASS Act
By
Stephen A. Moses
Oct 23, 2009
The Kaiser Family Foundation recently held a briefing on the much-touted CLASS Act. There was much praise to go around. I heartily disagreed with most of it.
Insurance, the elderly and what to do next
By
James M. Berklan
Jul 11, 2013
No sane person can criticize someone who admits being confused about how medical insurance should be funded, especially for seniors. Last week, a pair of innocently juxtaposed stories highlighted the struggle...
Everyone needs a long-term care plan
By
Ken Dychtwald
Nov 18, 2009
My parents wisely purchased long-term care insurance. They have showed me that now more than ever, it’s important to think ahead.
Many Americans don’t understand long-term care
By
Roger Roemmich
May 14, 2014
Many Americans remain in denial and are therefore disinclined to pluck the truth from the myths about long-term care, much to the detriment of their own finances as they turn to homecare providers for...